Company Tax Return - Setting the base rate to 25%

Question

Hi Everyone

I am completing a company tax return and I am trying to set the base rate to 25% and I have not been able to work it out.

Has anybody ever come across this issue before?

DuncanS · Answer

@llim1947 @Isaiah_C

Label 3 of the Company Tax Return is Status of Company.

I would normally mark C1 Resident   D9 Private  F1 Small Business Entity  F2 Base Rate Entity

Base Rate Entity used to be automatic.

Now the person must mark F2  as not all Companies are a Base Rate Entity.

Duncan

Isaiah_C · Answer

Hi @llim1947,

Thank you for letting us know your concern, Sorry to hear that you're having an issue, and I'll be glad to assist you with setting the base rate. May I know what are you trying to add? Is it a deduction, an expense or payroll category?

Please feel free to response.

Kind regards,

Sai